Cost of Living in Oak Hill, MI
Population: 440 | Michigan
Oak Hill is 16% less expensive than the national average.
Cost of Living in Oak Hill, MI: What You Need to Know
With a cost of living index of 84, Oak Hill, MI is a very affordable place to live. Living here is 16% cheaper than the national average and 6% above the Michigan state average of 78. Oak Hill is a small community of 440 residents.
The median household income in Oak Hill is $56,458, which is 25% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $56,458
- vs US Median ($75,149)
- -25%
Housing
- Median Home Value
- $130,300
- Median Monthly Housing Cost
- $521/mo